Explainer: Why central banks, including the RBI, raising lending rates aggressively?

Across the OECD group of wealthy nations, inflation has reached 9.2 per cent - the highest since 1988. Britain has the highest rate in the G7 group of rich countries - the UK, US, Canada, France, Italy, Germany and Japan - with the consumer price index (CPI) measure of inflation hitting 9 per cent in April, the highest since 1982, a report published by The Guardian said.

How the ECB Plans to Keep Markets in Check as It Hikes Interest Rates

Less than three weeks before embarking on a series of interest-rate increases, the European Central Bank is honing its plans to keep government-bond markets from panicking as it does so.

10 NBFCs that offer 6-7% interest on their fixed deposits

Following RBI’s rate hikes, banks and non banking financial institutions have followed suit and started offering higher interest rates on fixed deposits. Check out these NBFCs which offer interest in the range of 6-7 percent

Inflation: What is it and its relationship with interest rates

Most recently the RBI have increased the interest rates stating the reason for inflation for the same. So, what exactly is inflation? and how does it impact the common man? Let us check out

Indian Bank raises MCLR rates by 0.15% across tenors; Here's how it affects your EMIs

The benchmark one-year tenor MCLR -- against which most of the consumer loans are based upon -- will be 7.55 per cent as against 7.40 per cent presently, Indian Bank said in a regulatory filing.

Large banks with healthy performance to outperform industry: Axis Bank's Amitabh Chaudhry

He said there has been intense competition between the incumbent banks and new age fin-tech companies to win the hearts and minds of customers.

Expecting more rate hikes in FY23; tighter financial conditions can impact growth: Deepak Parekh of HDFC 

Parekh, who is the chairman of HDFC Asset Management Company, said there are reasons to be optimistic on the growth front but factors like tighter financial conditions can have an impact on the GDP expansion.

MPC member Ashima Goyal Urges Slow Hikes as Interest Rates Near Neutral

An Indian monetary policy dove signaled it’s probably time to abandon the aggressive pace of increases in borrowing costs, saying the inflation-adjusted real interest-rate is approaching neutral terrain -- a level where it can help check inflation without stifling economic growth.

Is this the right time to lock your savings in long term FDs?

Higher fixed deposit rates may not be a good enough reason to invest most of your money in them. Laddering up your fixed deposits will help as banks are slated to raise their deposit interest rates in future.&nbsp;

India outperforms most EMs in June so far post the US Fed rate hike

Stocks

India’s performance is still better compared to other EMs, noted BS. For instance, equity markets in Brazil, South Korea, the Philippines, and Taiwan are down between 11 percent and 20 percent in US dollar terms, stated the report.

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Explainer: Why central banks, including the RBI, raising lending rates aggressively?

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